Sebi found CRPL were offering stock, derivative tips through various plans and soliciting clients
Key issue: unification of settlement and risk management mechanism of commodity and stock brokers
RoCs de-register over 100,000 firms, Sebi lists 1,088 in defunct exchanges as vanishing companies
Sebi is concerned over retail participation, feels investors don't use derivatives as hedging tool
The move comes at a time when the regulator is probing instances of unfair trade practices
As new means of communications emerge, market regulator has to stay ahead to curb unfair activities
The ban will be harsh on companies that eventually come clean post Sebi investigation, feel analysts
The move comes at a time when Indian bourses, including the National Stock Exchange (NSE), have terminated licensing of indices and data-feed agreements
Exchanges have also been asked to conduct an audit of these listed companies
Investor wealth plunged Rs 1.43 lakh crore on Tuesday amid sell-off in the stock market
Several actively traded small-cap firms hit; they claim classification wrong
Sebi clamped down on 331 such companies on Monday, directing exchanges to take action against them
Market players say stringent trading rules in Grade-VI GSM could discourage buyers
Experts say using shell firms does not signify illegality of tax abuse and regulatory provisions
Exiting on the day when trade resumes may not be easy
There has been a fallout across the whole market; the issue needs to be cleared up soon
The shares of these six companies are likely to resume normal trading from Monday
These entities were under the Sebi's scanner for alleged misuse of stock market platform for tax evasion and suspected money-laundering activities.
Exempts lenders from making open offers to shareholders
Sebi said the actions were serious in nature, having a cascading adverse effect on investors